$1,200,000 for Sale
68104-68074-680 main, richmond, MI 48062
Property Description
Rare Investment Opportunity in Northern Macomb County!** Attention investors and developers: this is your chance to secure three prime commercial buildings situated on a **high-traffic Main Street** in **Richmond, Michigan**, where over **25,000 vehicles pass daily**. Positioned on a rural state highway, this location offers unparalleled visibility with **0% risk of a freeway reroute** due to the area's established infrastructure and rural nature. Richmond is a **thriving, up-and-coming community**, home to more than **25,000 captive surrounding residents** who rely on this business district as their central hub for services, shopping and dining. Poised for continued growth, this property is ideal for a **redevelopment grant** project, presenting the perfect opportunity to **scrape the existing structures** and build a vibrant, **three-story mixed-use condominium development**. Imagine a modern, walkable **mixed-use project** featuring retail or restaurant space on the ground level and upscale condominiums above?catering to Richmond's growing demand for residential and commercial space. Whether you're looking to tap into the city's strong local economy or capitalize on the area's natural growth, this project offers an **incredible upside** with potential financial incentives available for redevelopment. Don?t miss out on this **rare opportunity** to shape the future of Richmond's vibrant business district!
General Information
Sale Price: $1,200,000
Price/SqFt: $44
Status: Active
MLS#: 50158135
City: richmond
Post Office: richmond
County: Macomb
Acres: 0.63
Lot Dim: 9999999
Size: 27,443 sq.ft.
Acreage: 0.63 est.
Year Built: 1905
Property Type: Business
Tax, Fees & Legal
Provided through IDX via MiRealSource. Courtesy of MiRealSource Shareholder. Copyright MiRealSource.
The information published and disseminated by MiRealSource is communicated verbatim, without change by MiRealSource, as filed with MiRealSource by its members. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Copyright 2024 MiRealSource. All rights reserved. The information provided hereby constitutes proprietary information of MiRealSource, Inc. and its shareholders, affiliates and licensees and may not be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopy, recording, scanning or any information storage and retrieval system, without written permission from MiRealSource, Inc.
©2024
All information provided is deemed reliable but is not guaranteed and should be independently verified. Participants are required to indicate on their websites that the information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing By: Joan Schinderle-King of Realty Executives Home Towne Chesterfield
This listing last updated: Thu, October 17, 2024 at 8:47:14 PM EDT
MIRealSource Listing Data Last Updated On Monday, November 4 2024 at 5:45pm